THE GEOLOGICAL SOCIETY OF AMERICA, INC.

Finding 2025-001: Reporting - Late Submission Information on the Federal Program: Assistance Listing Number 47.050-National Science Foundation - Research and Development Cluster Compliance Requirements: Reporting Type of Finding: Noncompliance Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance or 2 CFR Part 200), Subpart F , requires single audit reporting to be submitted to the Federal Audit Clearinghouse within 30 days of receiving the completed reports or nine months after the entity's fiscal year end, whichever comes first. Condition: The June 30, 2025 single audit report was not submitted to the Federal Audit Clearinghouse on a timely basis. Cause: Insufficient staffing and an accounting software conversion caused delays to the start of the audit. Effect: Failure to submit the necessary audit report on a timely basis can lead to delayed or suspended funding and The Geological Society of America, Inc. will not be classified as a low-risk auditee in future years. Questioned Costs: None Context: The Geological Society of America, Inc. has experienced significant delays in the conversion of its accounting system. The noncompliance is isolated to June 30, 2025 as management has complied with other reporting criteria on its federal awards. Recommendation: Management should contract with experienced consultants to support timely reporting of all federal awards when entity personnel are unable to meet the criteria. Respnsible Official's Response: Management concurs with the audit finding. A corrective action plan has been developed and is included to address the identified deficiency.